Exciting times in the blockchain space! ETHGlobal recently tweeted about their partnership with Pyth Network for ETHOnline 2025, putting up $5,000 in prizes for builders who integrate Pyth's tech into their projects. If you're into meme tokens or DeFi, this could be a game-changer for sparking new ideas.
What is ETHOnline 2025?
ETHOnline is ETHGlobal's virtual hackathon, kicking off on October 10, 2025, with a whopping $100,000 in total prizes. It's all about building the next big onchain apps, and it's open to developers worldwide. This year's event is designed to be "internet-native," meaning it's fully online and accessible from anywhere. Check out the full details on the ETHGlobal website.
Pyth Network: The Oracle Powerhouse
Pyth Network is a decentralized oracle that provides real-time, low-latency price data for over 2,000 assets, including cryptocurrencies, forex, ETFs, stocks, and commodities. Oracles are like bridges that feed external data into blockchains, which is crucial since blockchains can't access off-chain info on their own. Pyth stands out by delivering this data securely and transparently across more than 100 blockchain ecosystems.
For meme token enthusiasts, Pyth's price feeds are a big deal. They power things like decentralized exchanges (DEXes), perpetual futures, and automated trading bots—tools that often drive the hype around viral memes. Imagine building a meme token launcher that uses accurate, real-time prices to ensure fair launches or liquidations.
Breaking Down the $5K Prizes
The prizes are split into two tracks, encouraging innovative uses of Pyth's features. Here's the scoop from the official prizes page:
Price Feeds Track
This one's for dApps that leverage Pyth's Pull oracle method. You fetch data from Hermes, update it on-chain, and consume the prices in your app. It's quick to integrate—under five minutes per the guides.
- Prizes:
- 1st place: $1,500
- 2nd place: $1,000
- 3rd place: $500
Judging focuses on the most creative and effective implementations. To qualify, your project must use the Pull method.
Pyth Entropy Track
Entropy is Pyth's solution for on-chain random number generation, perfect for games, lotteries, or any app needing unpredictability. It's permissionless, so anyone can generate secure random numbers.
- Prizes: Up to two teams get $1,000 each for the most innovative apps.
To enter, submit your code with a detailed README via a pull request to Pyth's examples repo on GitHub.
Why This Matters for Meme Tokens
Meme tokens thrive on community, virality, and sometimes sheer randomness. With Pyth's tools, hackers at ETHOnline could create:
- Meme-based prediction markets using accurate price feeds.
- Randomized NFT drops or airdrops powered by Entropy.
- DeFi protocols tailored for meme trading, minimizing risks like oracle manipulations.
This partnership not only boosts developer incentives but also pushes the boundaries of what's possible in the meme ecosystem. If you're a builder, head over to the ETHOnline site to register and start hacking.
For the original announcement, check out the tweet from ETHGlobal. Stay tuned to Meme Insider for more updates on how blockchain tech like this is shaping the future of memes!